Multi-Family Commercial for Sale
Property For Sale In Central Mcdougall, Edmonton
- MLS®#: E4347122
- Price: $2,850,000
- Year Built: 1963
Assumable Mortgage 2.35% | Creative financing will be considered | Exciting investment opportunity in downtown Edmonton! This commercial multi-family apartment is perfect for both entry-level and seasoned investors. With 16 one-bedroom units, 3 two-bedroom units, and 5 bachelor units, this property offers a diverse range of living options. Fully occupied with no vacancy, it guarantees immediate cash flow and boasts a high cap rate. Zoned as R8A, it offers flexibility for expansion and development. Built in 1963 on a 15,000+/- sq.ft. RA8-zoned lot, it provides ample parking. Close to Rogers Arena, Grant MacEwan, Royal Alex Hospital, Kingsway Mall, and downtown. Access to LRT. Upgrades include a 2010 SBS Membrane Roof, energy-efficient systems, and eco-conscious fittings. Low and varied rental rates allow for potential increase. All proposals are welcome. *Please do not approach tenants*
Contact Property Pathfinders About MLS® E4347122
Property Pathfinders, 587-785-8792 at eXp REALTY, #280 23 Sunpark Drive SE, Calgary, Alberta, T2X-3V1
property information
- Property Type: Multi-Family Commercial
- MLS®#: E4347122
- Year Built: 1963
Community Information
- Neighbourhood: Central Mcdougall
- City: Edmonton
- Postal Code: T5H 3A4
Registration Benefits
By Creating an Account You'll Access:
- More Edmonton Listings Browse through every listing in the MLS® System and do as many different searches as you like!
- Days on Market & Financial Info See protected details including Days on Market, Taxes, Condo Fees, Possession Dates, and more!
- Save Your Favorites Star favorite listings, add personal notes, and save custom searches you use frequently!
- Real Time Email Notifications Opt in to receive emails when new properties are listed that match your saved searches!